New Product Development
As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million. The primary reasons propelling the market’s growth include rising …
Continue reading “CBD Oil Industry Forecasted to Grow at 31% CAGR through 2033 | FMI”
The coffee grounds market is estimated to be worth US$ 639.9 million in 2024. Production of coffee grounds is tied up with the production of coffee and the demand for the product too is amplifying with the greater number of younger people indulging in the drink. The need to manage and recycle coffee waste is also raising …
Continue reading “Coffee Ground Market Expected to Hit USD 1,772.80 Million Valuation by 2034 | FMI”
Energy drinks, erstwhile, only consumed and even marketed for the athletic community, have made their place in the shopping baskets of every household. The market, with a staggering revenue of USD 38,300 million, has reached its all-time peak in 2024. With the advent of plant-based and non-dairy energy drinks, the market is very likely to flourish …
The ready-to-drink beverage (RTDs) market value is expected to rise from US$ 206.25 billion in 2024 to US$ 430.30 billion by 2034. This market is analyzed to propel ahead at a CAGR of 7.60% over the next decade. Industry players are strategizing for growth by increasing their college campus presence via nutrition-promoting programs. In addition, players are …
The global value-based healthcare service market is experiencing robust growth, with revenues expected to reach approximately USD 3,281.2 million in 2024. According to recent industry reports, this growth is driven by the rising adoption of value-based care models and is projected to expand at a compound annual growth rate (CAGR) of 6.5% over the forecast …
The global oxytocin market is on a trajectory of substantial growth, according to the latest projections from Future Market Insights. By 2030, the market is expected to soar to a projected value of USD 164.9 million, marking a robust compound annual growth rate (CAGR) of 9.0%. This growth momentum builds upon the estimated market valuation …
The global microbial therapeutic products market is on track to achieve significant growth, with projections indicating a rise from USD 17.11 billion in 2022 to USD 30.55 billion by the end of 2030. This growth is expected to occur at a robust compound annual growth rate (CAGR) of 7.5%, according to the latest report by …
The global poultry diagnostics market is on the brink of a significant expansion, with market analysts forecasting a robust Compound Annual Growth Rate (CAGR) of 10.5% over the next decade. Currently valued at USD 590 million in 2023, the market is expected to surge to an impressive USD 1.6 billion by 2033. This remarkable growth …
The global stethoscope market is on track for significant growth, with a projected value of USD 1,056.0 billion by 2033. This represents a substantial increase from USD 612.9 million in 2023, reflecting a Compound Annual Growth Rate (CAGR) of 5.6% anticipated over the next decade. Stethoscopes remain a cornerstone of modern medical practice, particularly in …
The global PD-L1 biomarker testing market is experiencing a significant surge, fueled by the increasing demand for personalized cancer treatment and the escalating global cancer burden. A recent report highlights that the market, which was valued at USD 659.6 million in 2023, is anticipated to reach an impressive USD 1.58 billion by 2033, reflecting a …